PPP Loan information for Paramount tool, llc

$124,000

Paramount tool, llc was initially approved for PPP Loan of amount $124,000, the current approved amount is $124,000. The loan was approved on 04/10/2020 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 16 jobs and $124,000 was used to fund payroll.

Paramount tool, llc is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / Paramount tool, llc

PARAMOUNT TOOL, LLC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PARAMOUNT TOOL, LLC

Borrower Address

473 PLEASANT ST

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02721-3016

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124000.00

Current Approval Amount

124000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-3016

CD

MA-04

Jobs Reported

16

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

125056.55

Forgiveness Date

02/23/2021

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